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Wells Fargo ordered to create program for LMI borrowers in $110M settlement
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Consumer Protection
Tuesday, June 2, 2026
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A federal court approved a $110 million settlement to resolve allegations against Wells Fargo claiming the nation’s third-largest bank by asset-size engaged in systemic discrimination through its mortgage lending and hiring practices. The settlement includes the creation of programs benefiting low-and-moderate-income borrowers.
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